Stanley Black & Decker, Inc. (SWK) Q4 2023 Earnings Call Transcript

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Stanley Black & Decker, Inc. (NYSE:SWK) Q4 2023 Earnings Conference Call February 1, 2024 8:00 AM ET

Company Participants

Dennis Lange – VP, IR

Don Allan – President and CEO

Chris Nelson – COO, EVP and President, Tools & Outdoor

Pat Hallinan – EVP and CFO

Conference Call Participants

Julian Mitchell – Barclays

Tim Wojs – Baird

Chris Snyder – UBS

Rob Wertheimer – Melius Research

Nigel Coe – Wolfe Research

Adam Baumgarten – Zelman & Associates

Michael Rehaut – JPMorgan

Eric Bosshard – Cleveland Research

Operator

Welcome to the Fourth Quarter and Full Year 2023 Stanley Black & Decker Earnings Conference Call. My name is Shannon, and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to Vice President of Investor Relations, Dennis Lange. Mr. Lange, you may begin.

Dennis Lange

Thank you, Shannon. Good morning, everyone, and thanks for joining us for Stanley Black & Decker’s 2023 fourth quarter and full year webcast.

Here today, in addition to myself, is Don Allan, President and CEO; Chris Nelson, COO, EVP and President of Tools & Outdoor; and Pat Hallinan, EVP and CFO.

Our earnings release, which was issued earlier this morning, and a supplemental presentation, which we will refer to, are available on the IR section of our website. A replay of this morning’s webcast will also be available beginning at 11 a.m. today.

This morning, Don, Chris and Pat will review our 2023 fourth quarter and full year results and various other matters followed by a Q&A session. Consistent with prior webcasts, we are going to be sticking with just one question per caller.

And as we

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